JPMorgan's first quarter 2026 revenue of $50.5B and EPS of $5.94 beat expectations, driven by strong trading.

JPMorgan Chase reported first quarter 2026 managed revenue of $50.5 billion and EPS of $5.94, surpassing analyst expectations. Net income was $16.5 billion, a 13% increase from the prior year, supported by strength in the Commercial & Investment Bank.

Key Highlights

• The Commercial & Investment Bank (CIB) was a key driver, with Markets revenue increasing 20% year-over-year to a record $11.6 billion.
• Investment Banking fees showed significant recovery, rising 28% year-over-year to $2.9 billion, led by higher advisory and equity underwriting.
• Net interest income (NII) was $25.5 billion, up 9% from the prior year, aligning with expectations as the bank navigates a plateauing rate environment.